Jay Bray, CEO of Rocket Mortgage, mentioned the connection between brokers and Compass brokers will roll out in phases. “There are present companions that have already got relationships with Compass brokers. Part two shall be us truly proactively connecting our dealer companions with the Compass brokers.”
Bray mentioned that the housing market has been stagnant for too lengthy amid affordability and provide points, however the firm believes this partnership “unlocks these boundaries.”
“With this relationship with Compass driving an increasing number of site visitors to Redfin, with the Mr. Cooper portfolio, we’ve a large quantity of leads. In the end, I feel that shall be certainly one of our energy performs for the dealer neighborhood,” Bray mentioned.
The settlement is a part of a three-year strategic alliance between Rocket Corporations, the mother or father firm of Rocket Mortgage, and Compass. The broader partnership consists of most popular pricing for Compass shoppers, equivalent to a 1 percentage-point rate of interest discount for the primary 12 months of a mortgage, or a lender credit score of as much as $6,000 to offset upfront prices or preliminary funds.
New mortgage origination system
Rocket Professional additionally introduced a partnership with sister firm Lendesk to introduce a brand new mortgage origination system referred to as Jupiter. The platform permits brokers to function underneath their very own branding and presents a number of options for free of charge.
In response to Carter Zimmerman, president of Jupiter, the platform is designed to maintain “loans transferring.” Brokers can ship debtors an software hyperlink or provoke the application on their behalf. They will partially full an software and invite debtors to complete it later.
Based mostly on borrower responses, the system requests required documentation and facilitates credit pulls — both by way of the dealer’s personal credentials or, if the mortgage is submitted to Rocket Professional, by way of Rocket’s credentials for free of charge. The system additionally permits brokers to add name notes, emails or transcripts, which Jupiter’s AI makes use of to populate mortgage knowledge fields.
“Jupiter passes the mortgage particulars into the Rocket Professional pricing engine so that you get correct pricing with out guide knowledge entry,” Zimmerman defined throughout Ignite26. “However right here’s what issues: That is your online business; you’re not locked in. Should you don’t need to ship the mortgage to Rocket Professional, obtain the 1003, and take it to a different lender.”
In response to Zimmerman, if a mortgage is submitted to Rocket Professional, standing updates are returned instantly throughout the Jupiter interface. The system additionally generates disclosures and different types, builds mortgage packages, helps built-in e-signing, and permits brokers to create mortgage name reviews for compliance and audit functions.
Addressing knowledge privateness issues, Zimmerman mentioned Jupiter operates on a separate code base from Rocket Professional programs. He added that the platform is SOC 2 Kind II audited, that means an impartial third get together verifies its knowledge safety processes and controls.
In April 2025, Rocket Professional joined ARIVE, a extensively used dealer expertise platform. Niemiec mentioned the connection with ARIVE enhances the Jupiter launch somewhat than changing it. “We imagine in optionality,” he mentioned.
Advertising and platform updates
Throughout Ignite26, Rocket Professional additionally mentioned it can put money into nationwide advertising efforts to assist native brokers by way of BrokerNearMe.com, positioning brokers on the forefront of the marketing campaign. “It’s much less in regards to the model that different wholesalers are attempting to launch and … we put the dealer entrance and middle,” Niemiec mentioned.
The corporate moreover launched an replace to its Rocket Navigate platform referred to as Connectors. Niemiec mentioned the characteristic integrates programs equivalent to Salesforce and Canva to cut back administrative work and assist brokers generate advertising supplies or consumer lists extra effectively.
The bulletins come amid management adjustments at Rocket Professional. Niemiec just lately returned to guide the division following the departure of Dan Sogorka, who had served as common supervisor since September 2024. Longtime govt Mike Fawaz additionally introduced he would depart the corporate after 15 years.
Addressing longstanding trade debate over potential channel battle between retail and wholesale operations, Bray emphasised that brokers stay central to Rocket’s long-term technique. Brokers “are crucial to our success,” Bray mentioned, pointing to the Compass partnership as proof of that dedication.
Niemiec argued that Rocket’s retail scale offers leverage somewhat than competitors.
“You may have folks on the market making an attempt to create a story for their very own good that it’s dangerous to work with a wholesale firm that has a retail (enterprise),” Niemiec mentioned. “I imagine our greatest benefit to the dealer neighborhood is the truth that we even have the most important retail mortgage firm in America, as a result of it offers us the ability to do issues like we did immediately.
“We may by no means create an alliance and a partnership with Compass with out retail. And take a look at the superb profit this partnership offers to the dealer neighborhood.”
